# Asian Century Stocks
> Get deep-dives on under-followed stocks across 13 Asian markets
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Append `.md` to any post or page URL to get the content in Markdown (for example, `/example-post.md`).

## Pages
- [Who am I?](https://www.asiancenturystocks.com/about.md) - My name is Michael Fritzell, and I started Asian Century Stocks in 2021. I’m originally from Sweden but have spent the last 16 years in Asia. Most of those years were spent on the buy side across Hong Kong, China, Singapore, Indonesia, and other markets. For what it's worth, I have a Master's Degre…
- [Advanced User Settings](https://www.asiancenturystocks.com/advanced-settings.md)
- [Buy a Group Subscription](https://www.asiancenturystocks.com/buy-group-subscription.md)
- [Contact details](https://www.asiancenturystocks.com/contact-details.md) - For any immediate assistance, please email michael.fritzell@asiancenturystocks.com. I'll try to get back to you within 24 hours.
- [Disclaimer](https://www.asiancenturystocks.com/disclaimer.md) - The Asian Century Stocks newsletter is an investment education website managed by Delante Media Pte Ltd (Company Reg No. 201540836N), a company that is not licensed or otherwise regulated by the Monetary Authority of Singapore. It is not licensed or regulated to carry on business in providing any f…
- [Group Subscriptions](https://www.asiancenturystocks.com/group-subscriptions.md)
- [Thank you!](https://www.asiancenturystocks.com/its-okay.md) - Thanks for voting! If you want to read more, check out my library of previous posts and deep dives: Table of contents👉 Click here to view a list of all previous posts 👈Asian Century StocksMichael Fritzell
- [Overlooked Asian stocks, straight to your inbox](https://www.asiancenturystocks.com/landing.md) - Independent research on under-followed companies across Japan, Korea, Greater China and Southeast Asia. "The best commentary on Asian markets and a must-read for any investor interested in Asian equities." - Sunday's Idea Brunch Cover Asia without researching 10,000 stocks yourself: 1. Find overloo…
- [Thank you!](https://www.asiancenturystocks.com/loved-it.md) - Thanks for voting! If you want to read more, check out my library of previous posts and deep dives: Table of contents👉 Click here to view a list of all previous posts 👈Asian Century StocksMichael Fritzell
- [More links](https://www.asiancenturystocks.com/more.md) - An introduction for new readers: New reader? Start hereWelcome to Asian Century StocksAsian Century StocksMichael Fritzell The library of all previous posts: Table of contents👉 Click here to view a list of all previous posts 👈Asian Century StocksMichael Fritzell A list of all previous deep-dives:…
- [Newsletters](https://www.asiancenturystocks.com/newsletters.md)
- [Thank you!](https://www.asiancenturystocks.com/not-great.md) - Thanks for voting! If you want to read more, check out my library of previous posts and deep dives: Table of contents👉 Click here to view a list of all previous posts 👈Asian Century StocksMichael Fritzell
- [Regions](https://www.asiancenturystocks.com/regions.md) - Explore Topics Browse all tags across the site. {{#get "tags" limit="all" include="count" order="name asc"}} {{#foreach tags}} {{name}} {{count}} posts {{/foreach}} {{/get}}
- [New reader? Start here](https://www.asiancenturystocks.com/start.md) - Asian Century Stocks is a newsletter focusing on Asian value stocks. I started it in 2021, and after 5 years, it's become one of the biggest finance newsletters in the region. Asian Century Stocks is read by over 20,000 investors worldwide. You'll get a perspective on Asian equities from an on-the-…
- [Asian Century Stocks on Slack](https://www.asiancenturystocks.com/the-new-acs-slack-community.md)
- [Tip Jar](https://www.asiancenturystocks.com/tip-jar.md)
- [Twitter](https://www.asiancenturystocks.com/twitter.md) - Powered by Curator.io
- [Watchlist](https://www.asiancenturystocks.com/watchlist.md) - Latest update: 7 August 2026 You'll need to register as a free subscriber before downloading. Over 400 stocks across 13 Asia-Pacific markets Download Now
- [Thanks for becoming a subscriber!](https://www.asiancenturystocks.com/welcome-paid.md)
- [Welcome to the community…](https://www.asiancenturystocks.com/welcome-to-the-community.md) - Hi! Thanks for signing up. You have just joined 20,000+ readers who follow Asian Century Stocks to keep abreast of what's happening in the region. My name is Michael Fritzell, and I've lived in Asia for 17 years, focusing primarily on publicly listed equities. I now live in Singapore, where I have…

## Posts
- [Interview with Roderick van Zuylen](https://www.asiancenturystocks.com/interview-with-roderick-van-zuylen.md) - CIO of Night Watch Investment Management and contributor to KEDM
- [Portfolio update July 2026](https://www.asiancenturystocks.com/portfolio-update-july-2026.md) - New Indonesian position
- [Interview: Andrei Stetsenko](https://www.asiancenturystocks.com/interview-andrei-stetsenko.md) - India-focused investor at Gymkhana Partners
- [Hidden Champions of South Korea](https://www.asiancenturystocks.com/hidden-champions-of-south-korea.md) - 30 "hidden champions" identified
- [Avia Avian (AVIA IJ)](https://www.asiancenturystocks.com/deep-dive-avia-avian-avia-ij.md) - Indonesia’s largest paint manufacturer ramping up capacity +80%
- [Insider activity June 2026](https://www.asiancenturystocks.com/insider-activity-june-2026.md) - 5 Asian stocks with insider buying
- [Air Water (4088 JP)](https://www.asiancenturystocks.com/deep-dive-air-water-4088-jp.md) - Japan’s second-largest industrial gas business in full-on restructuring mode
- [Thailand's stimulus package](https://www.asiancenturystocks.com/thailands-stimulus-package.md) - The Bhumjaithai Party's impact on economic growth and Thai equities
- [Update: Saramin (143240 KS)](https://www.asiancenturystocks.com/update-saramin-143240-ks.md) - South Korea's leading HR-tech company
- [Portfolio update June 2026](https://www.asiancenturystocks.com/portfolio-update-june-2026.md) - Travel stocks, luxury wristwatch retailers and Philippine IPOs in focus
- [Toll Bridge Investing](https://www.asiancenturystocks.com/toll-bridge-investing.md) - The perfect business model
- [Interview: CTOS Digital (CTOS MK)](https://www.asiancenturystocks.com/interview-ctos-digital-ctos-mk.md) - Malaysia's leading credit bureau gets a new CEO
- [Interview: Tian Yang](https://www.asiancenturystocks.com/interview-tian-yang.md) - CIO at Variant Perception
- [Travel notes: Hong Kong](https://www.asiancenturystocks.com/travel-notes-hong-kong-2.md) - Visiting the Weird Shit Investing conference
- [Insider activity May 2026](https://www.asiancenturystocks.com/insider-activity-may-2026.md) - Five stocks with insider buying in China, South Korea, Indonesia and Thailand
- [Update: IMAX China (1970 HK)](https://www.asiancenturystocks.com/update-imax-china-1970-hk.md) - The leader in cinema equipment at 9x P/E
- [Japan SaaS earnings season](https://www.asiancenturystocks.com/japan-saas-earnings-season.md) - No signs of disruption from generative AI
- [Total Soft Bank (045340 KS)](https://www.asiancenturystocks.com/deep-dive-total-soft-b.md) - Port terminal operating system developer at 6x P/E
- [Portfolio update May 2026](https://www.asiancenturystocks.com/portfolio-update-may-2026.md) - DRAM bull market, Japanese SaaS, Korean small caps, Indonesia going down the drain
- [NICE Information Service (030190 KS)](https://www.asiancenturystocks.com/deep-dive-nice-information-service-030190-ks.md) - The FICO of South Korea at 10x P/E
- [The toll booths of lending](https://www.asiancenturystocks.com/the-toll-booths-of-lending.md) - Asia's publicly listed credit bureaus
- [TOA Paint (TOA TB)](https://www.asiancenturystocks.com/deep-dive-toa-paint-toa-tb.md) - Thailand’s paint leader at 8x P/E and 6.5% dividend yield
- [Insider activity April 2026](https://www.asiancenturystocks.com/insider-activity-april-2026.md) - Asia transaction is data still bullish
- [Misto (081660 KS)](https://www.asiancenturystocks.com/deep-dive-misto-081660-ks.md) - Titleist and FILA at 9.1x P/E
- [Travel Notes: Omaha](https://www.asiancenturystocks.com/travel-notes-omaha.md) - I visited the 2026 Berkshire Hathaway AGM
- [Interview: Ruchir Desai](https://www.asiancenturystocks.com/interview-ruchir-desai.md) - From Asia Frontier Capital
- [Portfolio update April 2026](https://www.asiancenturystocks.com/portfolio-update-april-2026.md) - A nice rebound in April
- [Coupang's Cyber Security Incident](https://www.asiancenturystocks.com/cyber-se.md) - Conclusion: Probably not a big deal
- [Five Companies on my Radar](https://www.asiancenturystocks.com/five-companies-on-my-radar.md) - Link REIT + four more
- [Claude for Equity Research](https://www.asiancenturystocks.com/how-to-use-claude-for-equity-resear.md) - Claude Projects, Claude for Microsoft Office, Cowork and Dispatch
- [Update: TravelSky (696 HK)](https://www.asiancenturystocks.com/update-travelsky-696-hk.md) - GDS monopoly turned into a SaaS growth story at 11x P/E
- [Insider activity March 2026](https://www.asiancenturystocks.com/insider-activity-march-2026.md) - 5 highlighted situations
- [The coming El Niño of 2026](https://www.asiancenturystocks.com/the-coming-el-nino-of-2026.md) - Impacting plantations, agricultural commodity prices, CPG companies, coal miners and sellers of air conditioners
- [Update: SUTL Enterprise (SUTL SP)](https://www.asiancenturystocks.com/sutl-enterprise-2026-update.md) - Singapore marina operator at 7.1x 2028e P/E
- [Analyze Websites like a Pro](https://www.asiancenturystocks.com/analyze-websites-like-a-pro.md) - The tools you can use to analyze websites: Similarweb, Semrush, Ahrefs and TickerTrends
- [Samart Aviation (SAV TB)](https://www.asiancenturystocks.com/deep-disamart-aviation-sav-tb.md) - Cambodia air traffic monopoly at 11.4x P/E and an 8.2% dividend yield
- [Portfolio update March 2026](https://www.asiancenturystocks.com/portfolio-update-march-2026.md) - Risk-off in Asia
- [Travel Notes: Vietnam](https://www.asiancenturystocks.com/travel-notes-vietnam.md) - Visiting the FatAlpha Value (Asia) conference
- [Digging through Korean Value-Up plans](https://www.asiancenturystocks.com/digging-through-korean-value-up-plans.md) - Five highlighted stocks
- [Visional (4194 JP)](https://www.asiancenturystocks.com/visional-4194-jp.md) - Niche Japanese online recruitment service at 12.5x 2027e P/E
- [Emerging market indices are flawed](https://www.asiancenturystocks.com/emerging-market-indices-are-flawed-2.md) - Momentum-driven, concentrated, dilutive and with risk of front-running
- [Nintendo (7974 JP)](https://www.asiancenturystocks.com/deep-dive-nintendo-7974-jp.md) - Video game developer with Switch 2 catalyst trading at 17.7x FY2028e P/E
- [Interview: Jamie Halse](https://www.asiancenturystocks.com/jamie-halse.md) - Co-founder of Senjin Capital
- [Insider activity February 2026](https://www.asiancenturystocks.com/insiders-february-2026.md) - 9.8x more selling than buying in Mainland China
- [Hallyu Everywhere](https://www.asiancenturystocks.com/hallyu-everywhere.md) - K-pop and K-drama are driving demand for Korean products overseas
- [Structural Monitoring Systems (SMN AU)](https://www.asiancenturystocks.com/deep-dive-structural-monitoring-systems-smn-au.md) - Blue-chip avionics company at 1.6x EV/Sales with a near-term FAA approval catalyst
- [Investing, Fast and Slow](https://www.asiancenturystocks.com/investing-fast-and-slow-2.md) - Reflections about Kahneman's book "Thinking, Fast and Slow"
- [Portfolio update February 2026](https://www.asiancenturystocks.com/portfolio-update-february-2026.md) - Up another +6.8% in February
- [Babies out with the SaaS-water](https://www.asiancenturystocks.com/babies-out-with-the-saas-water.md) - Japan SaaS looking cheap
- [The Hour Glass (HG SP)](https://www.asiancenturystocks.com/deep-dive-the-hour-glass-hg-sp.md) - Singapore-based luxury watch retailer at 9.4x P/E
- [Alcohol stocks bottoming?](https://www.asiancenturystocks.com/alc.md) - A brutal bear market might be coming to an end
- [Update: Casio (6952 JP)](https://www.asiancenturystocks.com/update-casio-6952-jp.md) - Casio's in turnaround mode at 1.0x EV/Sales
- [Insider activity January 2026](https://www.asiancenturystocks.com/insiders-january-2026.md) - HK REIT, Korean CPG name, and more.
- [The luxury wristwatch market may have bottomed](https://www.asiancenturystocks.com/watch-market-update.md) - Secondary prices have rebounded strongly, and Swiss export volumes are recovering, too
- [Carabao (CBG TB)](https://www.asiancenturystocks.com/deep-dive-carabao-cbg-tb.md) - The “Monster Beverage of Thailand” at 12x forward P/E
- [South Korea's Value-Up Reforms](https://www.asiancenturystocks.com/korean-reforms.md) - South Korea as the next frontier for corporate governance reforms
- [Portfolio update January 2026](https://www.asiancenturystocks.com/portfolio-update-january-2026.md) - A volatile month
- [Understanding the e-paper market](https://www.asiancenturystocks.com/e-paper.md) - The display panels used in the Amazon Kindle and electronic shelf labels
- [E Ink (8069 TT)](https://www.asiancenturystocks.com/deep-dive-e-ink-8069-tt.md) - The global monopoly in e-paper displays at 16x P/E with a color display catalyst
- [Myopia stocks in Asia](https://www.asiancenturystocks.com/investing-in-asias-myopia-trend.md) - 80%+ of high school students in East Asia are afflicted. Which companies benefit?
- [Midea (300 HK)](https://www.asiancenturystocks.com/midea.md) - Home appliances giant at 13x P/E with a hidden robotics asset
- [Indonesian land seizures](https://www.asiancenturystocks.com/indonesian-land-seizures.md) - A return to statism
- [Insider activity December 2025](https://www.asiancenturystocks.com/insiders-december-2025.md) - Chinese insider activity flashing red
- [Japan's high school tuition reforms](https://www.asiancenturystocks.com/japans-high-school-tuition-reforms.md) - Greater subsidies to Japanese households
- [Update: Poper Co (5134 JP)](https://www.asiancenturystocks.com/update-poper-co-5134-jp.md) - Software developer for Japanese cram schools at 1.0x EV/Sales
- [New reader? Start here](https://www.asiancenturystocks.com/asia-is-the-next-frontier-10-000-stocks-yet-to-be-discovered.md) - Welcome to Asian Century Stocks
- [Portfolio update December 2025](https://www.asiancenturystocks.com/portfolio-update-december-2025.md) - A nice end to the year
- [Yahoo Finance rankings](https://www.asiancenturystocks.com/yahoo-finance-rankings.md) - Could they be contrarian signals?
- [The DRAM capital cycle](https://www.asiancenturystocks.com/the-dram-capital-cycle.md) - The cycle will eventually turn... but not yet
- [India's development trajectory](https://www.asiancenturystocks.com/indias-development-trajectory.md) - A brief history of entrepreneurship in India
- [Links December 2025](https://www.asiancenturystocks.com/links-december-2025.md) - The best Asia equities-related links anywhere online
- [Has the Labubu bubble popped?](https://www.asiancenturystocks.com/has-the-labubu-bubble-popped.md) - Beanie Babies vs Sanrio
- [Welcome to Asian Century Stocks](https://www.asiancenturystocks.com/new-reader-click-h.md) - An introduction to Asian Century Stocks
- [Insider activity November 2025](https://www.asiancenturystocks.com/insiders-november-2025.md) - Insider selling has picked up in Japan
- [freee (4478 JP)](https://www.asiancenturystocks.com/freee-4478-jp.md) - Japanese SME business platform at 3.7x EV/Sales
- [Portfolio update November 2025](https://www.asiancenturystocks.com/portfolio-update-november-2025.md) - A down month
- [Delfi (DELFI SP) — 2025 update](https://www.asiancenturystocks.com/delfi-delfi-sp-2025-update.md) - Indonesia's largest chocolate producer, trading at sub-10x P/E if and when cocoa prices ever fall
- [FnGuide (064850 KS)](https://www.asiancenturystocks.com/fnguide-064850-ks.md) - The FactSet/MSCI of South Korea at 12.9x P/E
- [Links November 2025](https://www.asiancenturystocks.com/links-november-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Interview with Yilun Chen](https://www.asiancenturystocks.com/interview-with-yilun-chen.md) - London-based hedge fund manager
- [Tai Cheung (88 HK) — 2025 update](https://www.asiancenturystocks.com/tai-cheung-88-hk-2025-update.md) - Hong Kong residential property developer at 0.33x book and 7% dividend yield
- [Interview with Raghav Kapoor at Smartkarma](https://www.asiancenturystocks.com/interview-with-raghav-kapoor-at-smartkarma.md) - The founder & CEO of Smartkarma
- [The ultimate AI tool battle](https://www.asiancenturystocks.com/the-ultimate-ai-tool-battle.md) - The best tools for equity research
- [Treasury Wine Estates (TWE AU)](https://www.asiancenturystocks.com/treasury-wine-estates-twe-au.md) - Penfolds owner at 11x P/E and 7% dividend yield
- [Insider activity October 2025](https://www.asiancenturystocks.com/insiders-october-2025.md) - October 2025 insider transactions in Asia.
- [Portfolio update October 2025](https://www.asiancenturystocks.com/portfolio-update-october-2025.md) - Continued gains in AeroEdge
- [Lion Rock (1127 HK) — 2025 update](https://www.asiancenturystocks.com/lion-rock-1127-hk-2025-update.md) - Printing industry serial acquirer at 5x P/E
- [Links October 2025](https://www.asiancenturystocks.com/links-october-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Hidden Champions of Australia](https://www.asiancenturystocks.com/hidden-champions-of-australia.md) - An attempt to find the best publicly listed companies in Australia
- [Ask Me Anything Oct 2025](https://www.asiancenturystocks.com/ask-me-anything-oct-2025.md) - On Monday, I asked whether you had any questions you wanted me to answer. I've just recorded a video where I try to answer these questions: 1. Brief update on your current general outlook for the countries you cover? (1:00) 2. How to set up a long-term Asia-focused, high-dividend, income-generating…
- [Oriental Watch (398 HK)](https://www.asiancenturystocks.com/oriental-watch-398-hk.md) - Blue chip Chinese Rolex dealer at 8x P/E and 50% net cash/market cap
- [Japan's Iron Lady](https://www.asiancenturystocks.com/japans-iron-lady.md) - An attempt to figure out whether the appointment of Sanae Takaichi as the next Prime Minister will have any implications for Japanese equities
- [Insider activity September 2025](https://www.asiancenturystocks.com/insiders-september-2025.md) - Why insiders tend to outperform + September 2025 insider transactions in Asia.
- [Portfolio update September 2025](https://www.asiancenturystocks.com/portfolio-update-september-2025.md) - A weak month for the portfolio, but with three deep dives published, plenty to think about.
- [This newsletter is now on Ghost](https://www.asiancenturystocks.com/launch-email.md) - Summary: Asian Century Stocks has moved from Substack to another platform called Ghost. You don't have to do anything and your experience will be almost exactly the same as before. New posts will delivered via email and available on asiancenturystocks.com. The only difference is that you won't be a…
- [Bermaz Auto (BAUTO MK)](https://www.asiancenturystocks.com/bermaz-auto-bauto-mk.md) - Ongoing Mazda product refresh and EV tax exemption expiry while 5x P/E
- [How to avoid value traps in Asia](https://www.asiancenturystocks.com/how-to-avoid-value-traps-in-asia.md) - 8 rules. Estimated reading time: 18 minutes
- [Links September 2025](https://www.asiancenturystocks.com/links-september-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Concepcion Industrial (CIC PM)](https://www.asiancenturystocks.com/concepcion-industrial-cic-pm.md) - Philippine air-conditioning giant at 7x P/E and 7% dividend yield
- [Logizard (4391 JP)](https://www.asiancenturystocks.com/logizard-4391-jp.md) - Leading Japan warehouse management SaaS at 1.0x EV/Sales
- [Golden Throat (6896 HK)](https://www.asiancenturystocks.com/golden-throat-6896-hk.md) - China’s leading lozenge maker at 10x P/E and a 10% dividend yield
- [Portfolio update August 2025](https://www.asiancenturystocks.com/portfolio-update-august-2025.md) - AeroEdge saves the portfolio. Estimated reading time: 26 minutes
- [A new era for Jardine Matheson](https://www.asiancenturystocks.com/a-new-era-for-jardine-matheson.md) - An under-the-radar transformation. Estimated reading time: 27 minutes.
- [Links August 2025](https://www.asiancenturystocks.com/links-august-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Mercari (4385 JP)](https://www.asiancenturystocks.com/mercari-4385-jp.md) - Japan’s leading C2C trading app at 14x P/E with margin uplift potential
- [How to use Asian Century Stocks](https://www.asiancenturystocks.com/how-to-use-asian-century-stocks.md) - A complete guide for new readers
- [Interview with "DaBao"](https://www.asiancenturystocks.com/interview-with-dabao.md) - FinTwit celebrity. Estimated reading time: 11 minutes
- [Haier D-share (690D GR) — 2025 update](https://www.asiancenturystocks.com/haier-d-share-690d-gr-2025-update.md) - World-leading home appliances business at 7x P/E. Estimated reading time: 15 minutes
- [Hidden Champions of Thailand](https://www.asiancenturystocks.com/hidden-champions-of-thailand.md) - Top 25 companies of Thailand. Estimated reading time: 34 minutes.
- [Portfolio update July 2025](https://www.asiancenturystocks.com/portfolio-update-july-2025.md) - A nascent bull market? Estimated reading time: 24 minutes
- [Share Asian Century Stocks — earn free months](https://www.asiancenturystocks.com/the-acs-referral-program.md) - Refer 3, read free for a month
- [AeroEdge (7409 JP)](https://www.asiancenturystocks.com/aeroedge-7409-jp.md) - A Japanese version of Precision Castparts at 12x 2027e P/E
- [Links July 2025](https://www.asiancenturystocks.com/links-july-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Asian Terminals (ATI PM)](https://www.asiancenturystocks.com/asian-terminals-ati-pm.md) - Duopoly port operator at 10x P/E and 6% dividend yield
- [Interview with Myles Kuah](https://www.asiancenturystocks.com/interview-with-myles-kuah-82f.md) - Private investor and blogger. Estimated reading time: 7 minutes
- [Interview with Myles Kuah](https://www.asiancenturystocks.com/interview-with-myles-kuah.md) - Private investor and blogger. Estimated reading time: 7 minutes
- [Hikari Tsushin's portfolio](https://www.asiancenturystocks.com/hikari-tsushins-portfolio.md) - Estimated reading time: 16 minutes
- [Guide to corporate governance](https://www.asiancenturystocks.com/guide-to-corporate-governance.md) - Estimated reading time: 16 minutes
- [Ready to binge Asia’s best stock write-ups?](https://www.asiancenturystocks.com/unlock-120-deep-dives.md) - Asian Century Stocks: All-Access Library
- [Riverstone (RSTON SP)](https://www.asiancenturystocks.com/riverstone-rston-sp.md) - An unexpected AI beneficiary at 10x next-year P/E and 8% dividend yield
- [MAP Aktif (MAPA IJ) — 2025 update](https://www.asiancenturystocks.com/map-aktif-mapa-ij-2025-update.md) - Estimated reading time: 16 minutes
- [Interview with Michael McGaughy](https://www.asiancenturystocks.com/interview-with-michael-mcgaughy.md) - From Research Alpha. Estimated reading time: 14 minutes
- [Portfolio update June 2025](https://www.asiancenturystocks.com/portfolio-update-june-2025.md) - Another strong month. Estimated reading time: 28 minutes
- [Interview with Pon Van Compernolle](https://www.asiancenturystocks.com/interview-with-pon-van-compernolle.md) - Estimated reading time: 12 minutes
- [Links June 2025](https://www.asiancenturystocks.com/links-june-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Didi Global (DIDIY US)](https://www.asiancenturystocks.com/didi-global-didiy-us.md) - China's leading ride hailing platform at 8.4x 2029e P/E with a HK listing catalyst
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-fc3.md)
- [Haw Par (HPAR SP) — 2025 update](https://www.asiancenturystocks.com/haw-par-hpar-sp-2025-update.md) - Estimated reading time: 16 minutes
- [Portfolio review May 2025](https://www.asiancenturystocks.com/portfolio-review-may-2025.md) - Estimated reading time: 22 minutes
- [Unlock the full Asian Century Stocks experience](https://www.asiancenturystocks.com/unlock-the-full-asian-century-stocks.md) - Here's what you're missing
- [This newsletter is now on Ghost](https://www.asiancenturystocks.com/this-newsletter-is-now-on-ghost.md) - Same newsletter, different platform
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-71d.md)
- [Kawai Musical Instruments (7952 JP)](https://www.asiancenturystocks.com/kawai-musical-instruments-7952-jp.md) - Top piano brand at 0.5x book with a new CEO and a 16% long-term ROE target
- [Links May 2025](https://www.asiancenturystocks.com/links-may-2025.md) - 10 write-ups, 10 articles and 10 podcasts
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-a9c.md)
- [Hidden champions of Malaysia](https://www.asiancenturystocks.com/hidden-champions-of-malaysia.md) - Top 25 companies of Malaysia. Estimated reading time: 40 minutes.
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-7ff.md)
- [Giant Manufacturing (9921 TT)](https://www.asiancenturystocks.com/giant-manufacturing-9921-tt.md) - The world’s largest bicycle manufacturer nearing an inflection point at 10x P/E
- [Weekly highlights](https://www.asiancenturystocks.com/weekly-highlights-e02.md)
- [Become smarter through Generative AI](https://www.asiancenturystocks.com/generative-ai-in-equity-research.md) - 10 use cases for equity research. Estimated reading time: 20 minutes
- [Portfolio review April 2025](https://www.asiancenturystocks.com/portfolio-review-april-2025.md) - Liberated. Estimated reading time: 30 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-ae3.md)
- [Anicom (8715 JP)](https://www.asiancenturystocks.com/anicom-8715-jp.md) - Japanese pet insurance company with secular growth at 13x P/E
- [Links April 2025](https://www.asiancenturystocks.com/links-april-2025.md) - 10 investment write-ups, 10 articles and 10 podcast episodes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-fdd.md)
- [Travel notes: Taipei](https://www.asiancenturystocks.com/travel-notes-taipei.md) - Estimated reading time: 17 minutes
- [10 Questions with Jussi Askola](https://www.asiancenturystocks.com/10-questions-with-jussi-askola.md) - Global REIT expert. Estimated reading time: 13 minutes
- [Kina Securities meeting (KSL AU)](https://www.asiancenturystocks.com/kina-securities-meeting-ksl-au.md) - A Papua New Guinea commercial bank. Estimated reading time: 12 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-7f8.md)
- [Nippon Parking Development (2353 JP)](https://www.asiancenturystocks.com/nippon-parking-development-2353-jp.md) - Irreplaceable assets with +12% historical EPS CAGR at 13x P/E
- [Tariff chaos](https://www.asiancenturystocks.com/tariff-chaos.md) - Babies thrown out with the bathwater. Estimated reading time: 17 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-706.md)
- [Haad Thip meeting (HTC TB)](https://www.asiancenturystocks.com/haad-thip-meeting-htc-bk.md) - Steady performance but the higher sugar tax is a near-term headwind. Estimated reading time: 11 minutes
- [Portfolio review March 2025](https://www.asiancenturystocks.com/portfolio-review-march-2025.md) - Liberation day? Estimated reading time: 26 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-6bd.md)
- [Travel notes: Pattaya](https://www.asiancenturystocks.com/travel-notes-pattaya.md) - Estimated reading time: 14 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-790.md)
- [Metrodata (MTDL IJ)](https://www.asiancenturystocks.com/metrodata-mtdl-ij.md) - Indonesian IT distributor and system integrator trading at 9x P/E
- [Links March 2025](https://www.asiancenturystocks.com/links-march-2025.md) - 10 investment write-ups, 10 articles and 10 podcast episodes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-bc5.md)
- [Bottom-fishing in Indonesia](https://www.asiancenturystocks.com/bottom-fishing-in-indonesia.md) - Estimated reading time: 24 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-81f.md)
- [Halyk Bank (HSBK LI)](https://www.asiancenturystocks.com/halyk-bank-hsbk-li.md) - Kazakhstan's leading commercial bank at 3x P/E
- [Ask Me Anything + vote for deep dive](https://www.asiancenturystocks.com/ask-me-anything-vote-for-deep-dive.md)
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-70d.md)
- [Link REIT (823 HK)](https://www.asiancenturystocks.com/link-reit-823-hk.md) - Internally managed blue-chip REIT offering an 8% yield with a catalyst
- [Portfolio review February 2025](https://www.asiancenturystocks.com/portfolio-review-february-2025.md) - Excitement in Japan SaaS. Estimated reading time: 20 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-efc.md)
- [Japan's top 2024 IPOs](https://www.asiancenturystocks.com/japans-top-2024-ipos.md) - Estimated reading time: 16 minutes
- [Boustead Singapore meeting (BOCS SP)](https://www.asiancenturystocks.com/boustead-singapore-meeting-bocs-sp.md) - Estimated reading time: 14 minutes
- [Links February 2025](https://www.asiancenturystocks.com/links-february-2025.md) - 13 investment write-ups, 18 articles and 13 podcast episodes
- [Weekly highlights](https://www.asiancenturystocks.com/weekly-highlights-ba1.md)
- [Poper (5134 JP)](https://www.asiancenturystocks.com/poper-5134-jp.md) - Japanese cram school SaaS service at 1.7x EV/Sales
- [How do Zoomers behave?](https://www.asiancenturystocks.com/how-do-zoomers-behave.md) - Estimated reading time: 18 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-fc8.md)
- [Haad Thip (HTC TB)](https://www.asiancenturystocks.com/haad-thip-htc-tb.md) - Monopoly Coca-Cola bottler at 10x P/E and 7% dividend yield
- [A coming surge in trading volumes](https://www.asiancenturystocks.com/a-coming-surge-in-trading-volumes.md) - How CMEPA will affect Philippine equities. Estimated reading time: 12 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-32b.md)
- [Guide to dividend withholding taxes](https://www.asiancenturystocks.com/guide-to-dividend-withholding-taxes.md) - Estimated reading time: 5 minutes
- [Portfolio review January 2025](https://www.asiancenturystocks.com/portfolio-review-january-2025.md) - Big news for the Philippines. Estimated reading time: 24 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-eda.md)
- [Subaru (7270 JP) － 2025 update](https://www.asiancenturystocks.com/subaru-7270-jp-2025-update.md) - Estimated reading time: 18 minutes
- [Links January 2025](https://www.asiancenturystocks.com/links-january-2025.md) - 9 investment write-ups, 11 articles and 15 podcast episodes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-48f.md)
- [JD.com (JD US)](https://www.asiancenturystocks.com/jdcom-jd-us.md) - Trusted online retailer trading at a 9x P/E with a coming margin inflection
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-f65.md)
- [BASE Inc (4477 JP)](https://www.asiancenturystocks.com/base-inc-4477-jp.md) - “Shopify of Japan” at 0.8x EV/Sales
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-f49.md)
- [Something is rotten in the state of Korea](https://www.asiancenturystocks.com/something-is-rotten-in-the-state.md) - But the drama is more or less over. Estimated reading time: 17 minutes
- [Portfolio review December 2024](https://www.asiancenturystocks.com/portfolio-review-december-2024.md) - One new position. Estimated reading time: 22 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-891.md)
- [2024 review](https://www.asiancenturystocks.com/2024-review.md) - Estimated reading time: 13 minutes
- [Fairfax India (FIH/U CN) － 2024 update](https://www.asiancenturystocks.com/fairfax-india-fihu-cn-2024-update.md) - Gearing up for a 2025 BIAL IPO. Estimated reading time: 23 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-bdf.md)
- [Season's Greetings](https://www.asiancenturystocks.com/seasons-greetings-041.md)
- [The bubble tea craze](https://www.asiancenturystocks.com/the-bubble-tea-craze.md) - Estimated reading time: 19 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-862.md)
- [10 Questions with Made in Japan](https://www.asiancenturystocks.com/10-questions-with-made-in-japan.md) - Japanese growth stock investor. Estimated reading time: 24 minutes
- [Links December 2024](https://www.asiancenturystocks.com/links-december-2024.md) - 12 investment write-ups, 13 articles and 10 podcast episodes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-6ca.md)
- [The Hongkong & Shanghai Hotels (45 HK)](https://www.asiancenturystocks.com/the-hongkong-and-shanghai-hotels.md) - Owner of trophy assets at 0.28x book
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-275.md)
- [Portfolio review November 2024](https://www.asiancenturystocks.com/portfolio-review-november-2024.md) - Oh well. Estimated reading time: 32 minutes
- [Has the Kaonavi story changed? (4435 JP)](https://www.asiancenturystocks.com/has-the-kaonavi-story-changed-4435.md) - Its 2QFY2025 result shocked the market. Estimated reading time: 10 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-2c3.md)
- [Prada (1913 HK)](https://www.asiancenturystocks.com/prada-1913-hk.md) - High fashion at 14x EV/pretax profit with an alt-data catalyst
- [Weekly highlights](https://www.asiancenturystocks.com/weekly-highlights-acb.md)
- [Koito Mfgr － 2024 update (7276 JP)](https://www.asiancenturystocks.com/koito-mfgr-2024-update-7276-jp.md) - LED headlights, adaptive driving beams and now LiDAR. Estimated reading time: 17 minutes
- [Links November 2024](https://www.asiancenturystocks.com/links-november-2024.md) - 16 investment-related write-ups, 12 articles and 10 podcast episodes
- [Anxian Yuan (922 HK)](https://www.asiancenturystocks.com/anxian-yuan-922-hk.md) - Chinese cemetery stock at 6.1x P/E and 13.3% dividend yield
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-a11.md)
- [Trump's tariff plan](https://www.asiancenturystocks.com/trumps-tariff-plan.md) - An interview with economist Priyanka Kishore, discussing the impact of "Trump 2.0" on Asia
- [Is Fairwood a melting ice cube? (52 HK)](https://www.asiancenturystocks.com/is-fairwood-a-melting-ice-cube-52.md) - Potential 4.6x P/E with net cash representing 72% of the market cap. Estimated reading time: 21 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-fc6.md)
- [Where are you finding value in Asia?](https://www.asiancenturystocks.com/where-are-you-finding-value-in-asia.md)
- [Portfolio review October 2024](https://www.asiancenturystocks.com/portfolio-review-october-2024.md) - One new position. Estimated reading time: 20 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-b56.md)
- [Kaonavi (4435 JP)](https://www.asiancenturystocks.com/kaonavi-4435-jp.md) - Recruit’s talent management SaaS platform at 2.1x EV/Sales with 20-30% growth
- [Complete guide to Japan's SaaS industry](https://www.asiancenturystocks.com/complete-guide-to-japans-saas-industry.md) - Estimated reading time: 38 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-4ec.md)
- [Links October 2024](https://www.asiancenturystocks.com/links-october-2024.md) - 10 investment-related write-ups, 10 articles and 10 podcast episodes
- [Analyze capital allocation in 10 easy steps](https://www.asiancenturystocks.com/analyze-capital-allocation-in-10-c2e.md) - The case of Koshidaka. Estimated reading time: 28 minutes
- [Analyze capital allocation in 10 easy steps](https://www.asiancenturystocks.com/analyze-capital-allocation-in-10.md) - The case of Koshidaka. Estimated reading time: 28 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-89f.md)
- [Mandarin Oriental (MAND SP)](https://www.asiancenturystocks.com/mandarin-oriental-mand-sp.md) - World-class luxury hotel group at 76% discount to NAV
- [Vote for this week's deep-dive](https://www.asiancenturystocks.com/vote-for-this-weeks-deep-dive.md) - 5 stocks to choose from
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-f5b.md) - A teaser post sent to free subscribers
- [What's left in my CPF](https://www.asiancenturystocks.com/whats-left-in-my-cpf.md) - I narrowed down 300 stocks to one. Estimated reading time: 36 minutes
- [Q&A: Modern Dental (3600 HK)](https://www.asiancenturystocks.com/q-and-a-modern-dental-3600-hk.md) - Global provider of low-cost dental prosthetics. Estimated reading time: 13 minutes
- [Weekly Highlights](https://www.asiancenturystocks.com/weekly-highlights-d3f.md) - A teaser post sent to free subscribers
- [Portfolio review September 2024](https://www.asiancenturystocks.com/portfolio-review-september-2024.md) - China is where it's at. Estimated reading time: 27 minutes
- [Live stream with Daye Deng](https://www.asiancenturystocks.com/live-stream-with-daye-deng.md) - Equity research analyst writing the East Asia Stock Insights Substack
- [Placeholder](https://www.asiancenturystocks.com/new-reader-start-here-6e1.md) - Asian Century Stocks is a newsletter focusing on Asian value stocks. I started it in 2021, and after 5 years, it's become one of the biggest finance newsletters in the region. Asian Century Stocks is read by over 20,000 investors worldwide. You'll get a perspective on Asian equities from an on-the-…
- [Weekly highlights](https://www.asiancenturystocks.com/weekly-highlights.md) - A teaser post sent to free subscribers
- [Links September 2024](https://www.asiancenturystocks.com/links-september-2024.md) - 10 investment-related write-ups, 10 articles and 10 podcast episodes
- [Samyang Foods (003230 KS)](https://www.asiancenturystocks.com/samyang-foods-003230-ks.md) - The "hottest" Korean instant noodles maker at 14x run-rate P/E
- [Hong Kong property amid rate cuts](https://www.asiancenturystocks.com/hong-kong-property-amid-rate-cuts.md) - A historic moment for Hong Kong's property market. Estimated reading time: 27 minutes
- [Highlights from Asian Century Stocks](https://www.asiancenturystocks.com/highlights-from-asian-century-stocks.md)
- [Boustead Singapore (BOCS SP) － 2024 update](https://www.asiancenturystocks.com/boustead-singapore-bocs-sp-2024-update.md) - Singapore conglomerate run by legendary FF Wong at 7.9x forward P/E. Estimated reading time: 25 minutes
- [Alternative data for dummies](https://www.asiancenturystocks.com/alternative-data-for-dummies.md) - Estimated reading time: 18 minutes
- [9 Questions with Afiq Isa](https://www.asiancenturystocks.com/10-questions-with-afiq-isa.md) - Private investor in Malaysia. Estimated reading time: 11 minutes
- [China Overseas Property (2669 HK)](https://www.asiancenturystocks.com/china-overseas-property-2669-hk.md) - SOE managing a growing portfolio of properties at 8.3x P/E
- [Interview: Raghav Kapoor, Co-founder & CEO of Smartkarma](https://www.asiancenturystocks.com/interview-raghav-kapoor-co-founder.md) - A discussion about Raghav's background, investment philosophy, Philippine equities, Digiplus, the Indonesian Rupiah, Cardig Aero Services, To Lam, Chinese & Indian stocks and his favorite book.
- [Portfolio review August 2024](https://www.asiancenturystocks.com/portfolio-review-august-2024.md) - Sailing through the yen volatility. Estimated reading time: 31 minutes
- [Complete guide to Singapore REITs](https://www.asiancenturystocks.com/complete-guide-to-singapore-reits.md) - Singapore's REIT market has been hit by higher interest rates, but that headwind seems to be dissipating. Estimated reading time: 33 minutes
- [10 Questions with Alex Sweet](https://www.asiancenturystocks.com/10-questions-with-alex-sweet.md) - UK-based fund manager and Substack author
- [3Q2024 update: There Will Be Blood](https://www.asiancenturystocks.com/3q2024-update-there-will-be-blood.md) - The yen probably bottomed at 162, China is experiencing deflation, hybrids seem to be winning, Malaysian FDI is booming, Vietnam is turning back to communism
- [Links August 2024](https://www.asiancenturystocks.com/links-august-2024.md) - 13 investment-related write-ups, 9 articles and 8 podcast episodes
- [Astra International (ASII IJ) － 2024 update](https://www.asiancenturystocks.com/astra-international-asii-ij-2024.md) - Indonesia's leader auto maker at 6.1x P/E. Estimated reading time: 21 minutes
- [Lion Rock Group (1127 HK)](https://www.asiancenturystocks.com/lion-rock-group-1127-hk.md) - Top global book printer run by a master capital allocator at 7x P/E with net cash
- [The anti-EV commodities](https://www.asiancenturystocks.com/the-anti-ev-commodities.md) - The case for platinum group metals. Estimated reading time: 20 minutes
- [Yakult Honsha (2267 JP)](https://www.asiancenturystocks.com/yakult-honsha-2267-jp.md) - Japan’s yogurt giant scaling up to meet rising demand for its products
- [Portfolio review July 2024](https://www.asiancenturystocks.com/portfolio-review-july-2024.md) - Cleaning up the portfolio for several new names. Estimated reading time: 25 minutes
- [Samsonite (1910 HK) － 2024 update](https://www.asiancenturystocks.com/samsonite-1910-hk-2024-update.md) - Broken merger arb situation turned value stock. Estimated reading time: 18 minutes
- [Johor's property market is heating up](https://www.asiancenturystocks.com/johor-the-next-shenzhen.md) - Singapore is becoming increasingly connected to nearby Johor. Estimated reading time: 18 mins
- [Links July 2024](https://www.asiancenturystocks.com/links-july-2024.md) - 11 investment-related write-ups, 10 articles and 9 podcast episodes
- [Pacific Textiles (1382 HK)](https://www.asiancenturystocks.com/pacific-textiles-1382-hk.md) - Uniqlo’s favorite knitted fabric supplier at 4.4x forward P/E and 18% dividend yield
- [Travel notes: Tokyo](https://www.asiancenturystocks.com/travel-notes-tokyo.md) - Estimated reading time: 20 minutes
- [Fu Shou Yuan (1448 HK)](https://www.asiancenturystocks.com/fu-shou-yuan-1448-hk.md) - Death care at a discount
- [Book review: The Money Miners](https://www.asiancenturystocks.com/mining-for-money.md) - A review of Trevor Sykes book about Australia's 1968-70 mining bubble. Estimated reading time: 28 minutes
- [Portfolio review June 2024](https://www.asiancenturystocks.com/portfolio-review-june-2024.md) - Momentum in Japan but not much elsewhere. Estimated reading time: 22 minutes
- [Links June 2024](https://www.asiancenturystocks.com/links-june-2024.md) - 12 investment-related write-ups, 8 articles and 10 podcasts
- [Book review: What I Learned about Investing from Darwin](https://www.asiancenturystocks.com/what-i-learned-about-investing-from.md) - Parallels between evolution and investing. Estimated reading time: 27 minutes
- [10 Questions with Jon Y at Asianometry](https://www.asiancenturystocks.com/10-questions-with-jon-y-at-asianometry.md) - Estimated reading time: 8 minutes
- [MTR Corporation (66 HK)](https://www.asiancenturystocks.com/mtr-corporation-66-hk.md) - Hong Kong public transport monopoly and property developer at 13x forward P/E
- [Portfolio review May 2024](https://www.asiancenturystocks.com/portfolio-review-may-2024.md) - Finally some interest in Hong Kong equities. Estimated reading time: 29 minutes
- [Value... Up?](https://www.asiancenturystocks.com/value-up.md) - Korean jealousy expressed in minor reforms. Estimated reading time: 21 minutes
- [Kansai Paint (4613 JP)](https://www.asiancenturystocks.com/kansai-paint-4613-jp.md) - India-focused Japanese paint manufacturer at 10x forward P/E
- [Links May 2024](https://www.asiancenturystocks.com/links-may-2024.md) - 12 investment-related write-ups, 14 articles and 10 podcasts
- [IMAX China (1970 HK) － mid-2024 update](https://www.asiancenturystocks.com/imax-china-1970-hk-mid-2024-update.md) - "Play it again, Sam". Estimated reading time: 17 minutes
- [Macro update for the 2nd quarter of 2024](https://www.asiancenturystocks.com/macro-update-for-the-2nd-quarter.md) - Listening time: 25 mins
- [Best Mart 360 (2360 HK)](https://www.asiancenturystocks.com/best-mart-360-2360-hk.md) - Fast-growing Hong Kong discount retailer at 8.1x P/E and 10.6% dividend yield
- [Koshidaka (2157 JP) － 2024 update](https://www.asiancenturystocks.com/koshidaka-2157-jp-2024-update.md) - Japanese entertainment business with excellent capital allocation. Estimated reading time: 18 minutes
- [Travel notes: Hong Kong](https://www.asiancenturystocks.com/travel-notes-hong-kong.md) - Estimated reading time: 36 minutes
- [Portfolio review April 2024](https://www.asiancenturystocks.com/portfolio-review-april-2024.md) - Monthly update about my personal Asia-focused portfolio of stocks. Estimated reading time: 22 minutes.
- [Book review: Spy the Lie](https://www.asiancenturystocks.com/spy-the-lie2.md) - A review of a lie detection book from a former CIA officer. Estimated reading time: 17 minutes
- [Links April 2024](https://www.asiancenturystocks.com/links-april-2024.md) - Asia investment-related write-ups, articles and podcasts
- [Lao Feng Xiang B-share (900905 CH)](https://www.asiancenturystocks.com/lao-feng-xiang-b-share-900905-ch.md) - China’s largest jewelry company at 6.6x P/E
- [The Silver Economy](https://www.asiancenturystocks.com/senior-spending.md) - Developed Asia is aging, increasing the demand for healthcare, golf and several other sectors. Estimated reading time: 11 minutes.
- [10 Questions with Chris Beselin](https://www.asiancenturystocks.com/10-questions-with-chris-beselin.md) - Vietnam-focused entrepreneur and fund manager
- [IH Retail (1373 HK) － 2024 update](https://www.asiancenturystocks.com/intl-housewares-retail-2024-update.md) - Hong Kong's leading discount retailer down over 50% in less than a year. Estimated reading time: 17 minutes
- [Closed-end funds at a discount](https://www.asiancenturystocks.com/closed-end-funds-at-a-discount.md) - Estimated reading time: 15 mins
- [Micro-Mechanics (MMH SP)](https://www.asiancenturystocks.com/micro-mechanics-mmh-sp.md) - Singapore’s favorite child, now experiencing an industry downturn
- [Indonesia after Jokowi](https://www.asiancenturystocks.com/indonesia-after-jokowi.md) - How the election of Prabowo Subianto will affect the Indonesian consumer. Estimated reading time: 15 minutes.
- [Portfolio review March 2024](https://www.asiancenturystocks.com/portfolio-review-march-2024.md) - Monthly update about my personal Asia-focused portfolio of stocks.
- [Sony (6758 JP) － 2024 update](https://www.asiancenturystocks.com/sony-6758-jp-2024-update.md) - PlayStation 5 getting closer to full monetization. Estimated reading time: 23 minutes
- [Links round-up](https://www.asiancenturystocks.com/links-round-up-e3d.md) - Asia investment-related write-ups, articles and podcasts
- [Pentamaster International (1665 HK)](https://www.asiancenturystocks.com/pentamaster-international-1665-hk.md) - The operating company in the Pentamaster group at 6.1x P/E
- [Book review: Wild Ride](https://www.asiancenturystocks.com/chinas-capitalist-experiment.md) - A book on China’s capitalist experiment by Anne Stevenson-Yang. Estimated reading time: 16 minutes
- [Prosus (PRX NA)](https://www.asiancenturystocks.com/prosus-prx-na.md) - Tencent at a 35% discount with consistent share buybacks
- [Delfi (DELFI SP) － 2024 update](https://www.asiancenturystocks.com/delfi-update.md) - Indonesia's leading chocolate manufacturer at 8.8x 2026e P/E. Estimated reading time: 20 minutes
- [PropertyGuru (PGRU US)](https://www.asiancenturystocks.com/propertyguru-pgru-us.md) - The Zillow of Southeast Asia, but at 2.7x EV/Sales
- [Druckenmiller's gold miner bet](https://www.asiancenturystocks.com/druckenmillers-gold-miner-bet.md) - Estimated reading time: 25 mins
- [Links round-up](https://www.asiancenturystocks.com/links-round-up-3b4.md) - Asia investment-related write-ups, articles and podcasts
- [Links round-up](https://www.asiancenturystocks.com/links-round-up-cfd.md) - Asia investment-related write-ups, articles and podcasts
- [Portfolio review February 2024](https://www.asiancenturystocks.com/portfolio-review-february-2024.md) - Hong Kong small caps finally showing signs of life. Estimated reading time: 21 minutes
- [What I read in February 2024](https://www.asiancenturystocks.com/what-i-read-in-february-2024.md) - Estimated reading time: 14 minutes
- [Travel notes: Western Australia](https://www.asiancenturystocks.com/travel-notes-western-australia.md) - Estimated reading time: 13 minutes
- [New posts from Asian Century Stocks](https://www.asiancenturystocks.com/new-posts-from-asian-century-stocks-e35.md) - A reminder of the best recent posts
- [Ginebra San Miguel (GSMI PM)](https://www.asiancenturystocks.com/ginebra-san-miguel-gsmi-pm.md) - The world’s largest gin producer at 7x P/E
- [Macro update for the 1st quarter of 2024](https://www.asiancenturystocks.com/macro-update-for-the-1st-quarter.md) - Listening time: 32 mins
- [Links round-up](https://www.asiancenturystocks.com/links-round-up.md) - The best recent Asia investment-related content anywhere on the Internet
- [Hong Kong's death has been exaggerated](https://www.asiancenturystocks.com/hong-kongs-death-has-been-exaggerated.md) - Estimated reading time: 29 minutes
- [Straco Corporation (STCO SP)](https://www.asiancenturystocks.com/straco-corporation-stco-sp.md) - Singapore-based developer of tourism assets at 5x full-recovery EV/EBIT
- [Portfolio review January 2024](https://www.asiancenturystocks.com/portfolio-review-january-2024.md) - A double-dip in the Hang Seng Index? Estimated reading time: 23 minutes
- [What I read in January 2024](https://www.asiancenturystocks.com/what-i-read-in-january-2024.md) - Estimated reading time: 16 minutes
- [New posts from Asian Century Stocks](https://www.asiancenturystocks.com/new-posts-from-asian-century-stocks-add.md) - A reminder of the best recent posts
- [Fraud in Asia](https://www.asiancenturystocks.com/fraud-in-asia.md) - A review of Tan & Robinson's 2014 book. Estimated reading time: 24 minutes

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